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to supporting the f.a.a. and finding answers as quickly as possible. end quote. dan springer now with the news live in seattle not far from where teams assembled the dream liner, dan, this plane is loaded with a lot of new technology. is it not? >> it sure is, bill. it hasn't made a penny. but it's boeing showcase aircraft for sure. the 787 is the most technologically advanced and fuel efficient plane ever made. it's also supposed to provide the most comfort. it got there by using carbon composite instead of aluminum new electrical system one that generates twice as much power but weighs far less it also relies on lithium ion batteries certified by the faa but now being looked at because of these recent problems. airlines have had to cancel many flights as they scramble to find different planes that can fly these long routes, bill? >> dan is, there an incident occasion or do we know how long this could take boeing to get fixed? >> well, boeing has offered a quick, but temporary solution where the airlines would do more safety checks on those batteries. if that doesn't work, that doesn't get ac
to a fair share of security. protection for their kids and gun free zones for ours. >> it's a tough ad. dan lothian is at the white house. but i understand the president is fighting back with his own pr strategy because when he makes his big announcement he'll be surrounded by children who wrote letters to him begging for gun control. >> reporter: that's right. you know, we see the white house do this in the past, usually it's around a fiscal fight where the president's putting pressure on congress he'll be surrounded by families from across the country. well, in fact, the president, as you pointed out, will be surrounded by these young kids who wrote letters to the president in the wake of the connecticut shootings. in addition to that, though, a white house official confirming that the president will also be joined with some newtown families, families impacted by the newtown shootings at this event here today. so, clearly this is an effort by the white house to put pressure on lawmakers. as we've been pointing out, there are two tracks here that will take place, things that congress can d
and ceo of cheg, dan rosenweig is here. >> we've got breaking news from the federal government. senior economics reporter steve liesman has the story. >> the fed is supposed to release this morning the transcript from 2007. those are the ones where they tell you who said what during meetings. an unusual amount of attention to these, because this is the first response of the federal reserve to the crisis which you remember began in the summer of 2007. what are we going to be looking for? what folks were saying in three emergency meetings. three rate cuts totaling 1%. and of course, there was a big debate, inflation versus response to the financial crisis on august #th. putting out a statement saying the main concern was inflation, three days later the federal reserve said it would provide reserves as necessary to combat the financial crisis. here's why this is going to be historically important. the first declines there in 2007, then what we'll do is overlay inflation on this. you can see what the fed was dealing with at the time. you had rising inflation at the time. at the same time y
international correspondent dan rivers. he's in london to to see bring us the latest. good morning. what can you tell us then about the reports of this final assault? >> reporter: well, this is being carried out by algerian state-run television saying that seven further victims have been recovered and 11 militants. now it's really difficult to grasp the total number of hostages that have been killed so far. we're trying to put it together, but they probably include japanese, brits, malasians, possibly some norwegians and other nationalities. it's very difficult to know the final numbers. but adding up what we know it could be up to at least 32 missing and possibly up to 26 confirmed dead, although those numbers have been changing a lot. that gives you a sense of the scale of this anyway. among those, at least one american i'm afraid confirmed dead. six americans confirmed rescued, freed. and those details as i say, we're hoping to try and get more clarification in the coming hours. >> what is being said about this crisis there in britain? >> reporter: well, william hague, the british foreign sec
necessary to protect americans in a harrowing hostage crisis unfolding in algeria. dan rivers is in london to bring us the very latest this morning. dan, good morning to you. algeria is defending a military operation that now has left at least one american and 11 others dead. what can you tell us about that? >> absolutely. this situation is not over yet. i think that is the headline. they're saying they're still pursuing terrorists and some hostages within this sprawling gas plant in the far south of algeria. as you say, the state department has confirmed one death. it's been widely reported he is from texas. the state department not going into further details about how many americans may still be missing. we're waiting for an update from london from the british foreign secretary william hague, chairing an emergency meeting about this. algerian state television is reporting that terrorists were planning to kill all of the hostages and to blow up this plant. so, it could have been a lot worse, had they managed to get through that. in the end algerians went in, freed some 650 people. there a
's plan saying their second amendment rights are under attack. dan lothian is following all these developments in washington. what's the latest? >> the white house sees these recommendations as a way to hopefully curb gun violence and some of these things the president has backed before such as a ban on assault weapons. the president shortly after the connecticut shootings came out in support of that. so that's expected to be in the president's plan. also pressing for a ban on those high capacity magazines with more than ten rounds. that's the important note here. the aim here is to cut down on the ability of a gunman to go in and release up to 30 rounds in a short period of time. in addition, the president will be pushing for universal background checks so that everyone who buys aunder questi goes a criminal or mental health check. in addition the president wants to request funds be available for mental health illnesst to make sure there's money there for those things to be treated and to provide schools with the support they need for enhanced safety. the president is also
into that analysis, we can both assume that there may be. >> jessica, stay with us. i want to bring in dan gross, he's president of the brady campaign to end gun violence. mr. gross, what do you make of what jessica is reporting? >> it's exactly what the -- [ inaudible ] >> sorry. >> it reflects exactly -- >> we're having a hard time hearing you because of the announcement. i know you're on the train. zblae. sorry about that. >> let me bring jessica back and we'll come back to you. hopefully, they will have stopped that announcement. in terms of what could be possible through executive order on this list, i guess some of the information on background checks, perhaps? >> expanding the way background checks -- improving the way background checks are conducted could be done through executive order. making that information more readily available. improving the way especially mental health is reported forward could be done through executive order. and also gathering more research on where the guns are in america. that's another thing that could be done. there's a long list. i could go on, anderson, but y
be extended yees, james and dan. thank you very much for coming. i have a bunch of company that i won't have to stand. my brother, younger than me, is retired! he goes, what you doing norman? you will be working for another 4-8 years. thank you nelso. i will have a debate with supervisor breed. probably a very heated debate. why? because i had the best campaign team. anthony, my campaign manager. helen wong, field coordinator. thank you very much. you brought hundreds and hundreds of people together with my yellow t-shirt out in the street. it's been a long road for me. it's amazing for me to be standing here actually talking about pathways that nobody expected. i was born in the chinese hospital; i went to jean parker. at jean parker it was a struggle for me; i realize when i walked in, there are a lot of people that don't really know who i am. bear with me, for other people have heard this and million times. i struggle going to school. i had speech problems; i stuttered. it was really my parents that pushed me, tell me i would be okay. for me to be able to talk to you, and maybe i w
at the open, similar declines in the nasdaq, and s&p 500. joining us now, dan greenhouse. >> good morning to you. >> now let's talk about the nasdaq in particular, way down by apple. let's start with apple, then. what do you see happening with shares from here? >> well, just for starters, we rate the stock a neutral right now and have for several months. i think our advice to investors at this point is probably to stay away. there's a lot of uncertainty. there's a lot of unknowns. the company hasn't saying any about "the wall street journal" article or concerns more generally. so i think it's probably a wise decision to hang out and wait until the company reports and see what kind of guidance they provide. >> and apple, you're looking at a 501 quote there. it is potentially set to open below $500. but, dan, how much of a problem is this going to be for the nasdaq and the indexes more broadly? >> certainly it's more of a problem for the nax das, that's for sure, where it's a considerable portion of the index. it's less, though, for the larger indices like the s&p 500 and certainly the dow.
. dan springer has been on top of this. what's the latest? >> you talk about turbulence. the grounding is a major blow to boeing and the airlines that have sunk billions of dollars into this plane of the future. let's face it, this is boeing's showcase plane. airlines are scrambling to bring in jets to replace the 787. that has led to flight delays and cancellations. many passengers stranded, their plans in limbo, but for the most part saying better safe than sorry. >> i rather flight tomorrow or fly tight by different airplane line that continue the risk anything happen. >> the faa's directive followed the emergency landing 0 of 00787 plane in japan. a lithium ion battery overheated and hot chemicals sprayed out of it. eight days earlier, a battery in a different part of the plane overheated, cracked open and caught fire. so the faa has told boeing they have to prove the battery is safe before the dreamliners could fly again. it could take days, weeks, perhaps moss. the battery manufacturer said is too take months to figure out the problem. we know the electrical system is advanced an
of jodi arias. and the bizarre voicemail prosecutors say she left after killing her boyfriend. dan and nancy weigh in live. >>> also, the famous tv mom banning a family friend from honey boo boo. the gorilla suit that got crazy tony in trouble. >>> if you're sitting on hidden cash, we're going to show you how to find it in your own home. >>> and charlie sheen, everybody. stay with us. d charlie sheen, everybody. stay with us. stay with us. just the right amount of light. so you see everything the way it's meant to be seen. maybe even a little better. visit your eyecare professional today to ask about our newest lenses, transitions vantage and transitions xtractive lenses. experience life well lit. ask which transitions adaptive lens is best for you. [ all kids ] twooooo! [ moderator ] you sure? i am absolutely positive! [ little boy ] two times is awesome. the thing i can do is wave my head and wave my... that's amazing. i've never seen anything like that. look i can do -- hold on -- i'm watching this. i'm getting dizzy... [ male announcer ] it's not complicated. doing two things a
matter when americans are taken hostage along with others. >> cnn's dan rivers is in london. dan, there are so many different stories going around that the compound was attacked by the algerian military, that some of the hostages escaped, including one american. what are you hearing? >> well, i'm afraid it is a very confusing picture. the latest line we have from the british foreign office here in london confirming that the algerians have told them that there is an ongoing operation at this gas field suggesting that perhaps some sort of effort to go in. we know from the ministry of information in algeria they surrounded the terrorists with the hostages at the gas field, the troops were there. this sounds like they have gone in. there were widespread reports that helicopters were being used to attack the terrorist positions. now, the algerian foreign minister is clear on that saying the use of helicopters is wrong, it's a fantasy was their quote on that. in terms of the number of people that are being held hostage, we don't really have a clear idea, i'm afraid. the initial reports
it a terrorist attack as well. for more, let's go to dan rivers in london. what are the latest reports there on the hostage situation? >> effectively, according to the minister of information in algeria, this is a standoff. the algerian security forces surrounded this gas plant in the far east of algeria. the islamists are holed up inside, holding a number of western hostages. we don't know the exact numbers. there's been a press conference this morning from the norwegian stat oil company. it is saying that it had 17 employees there, 5 escaped. and therefore 12 remain unaccounted for. not clear if all are being held hostage or if some escaped into the desert. it's a confused situation. the state department confirmed there are americans among those being held. we understand as well possibly british, japanese, french as well as those norwegians. a number of countries being embroiled in this hostage crisis which looks like it may have been precipitated by algeria's decision to allow french planes to fly of the country as part of its ongoing military campaign in mali to the south. >> i kno
the company private. joining us is our private ek wit at the expert from boston dan. >> good morning. >> so this would be a huge, huge 20 plus billion dollar transaction. do you think it can actually happen in this environment? >> no, i don't. now, never say never. stranger things have happened. you've got pension funds, maybe a big sovereign wealth fund comes in. but you'd have to be talking about gst 23 billion, maybe $25 billion deal altogether and i know that dell's got a lot of cash on the books that can kind of help take some of the risk off for the bankers who would have to provide the leveraged financing here. but not enough. a lot of that cash is held overseas so you'd have the big tax implication. it seems a little too big. i talked to a private equity investor yesterday not at tpg or silver lake and he said this is a real, real stretch to get done. >> we're talking about a market cap somewhere in terms of, with a premium in success of sst 20 billion. i don't know what number you want to put on that. you have about $11 billion that you said in cash, but you've got to bring some of
. >> stay with us. i want to bring in dan gross, president of the brady campaign to end gun violence. what do you make of what jessica is reporting? [ inaudible ] >> we're having a hard time hearing you because of the announcement. let me just bring jessica back and we will come to you again. hopefully they will have stopped the announcement. in terms of what could be possible through executive order, on this list, some of the information on background checks, perhaps? >> expanding the way that -- improving the way background checks are conducted could be down through executive order. making the information more readily available. improving the way mental health is reported forward could be done through executive order and gathering more research on where the guns are in america. that's another thing that could be done. there's a long list. i could go on but you may want to get to your guest. >> check back with dan gross. mr. gross, what do you make of this? is this what you expected? is this what you hoped for? >> it is what we expected and hoped for. they have been saying they want to ta
of them were. i think this was generally true throughout most of my career. c-span: you write about dan rather's $36-million, 10-year contract? >> guest: yes. c-span: did all that get under you skin? >> guest: not really because by the time that rather was commanding that kind of salary, we had passed the million dollar mark and the star system was so much a part of the institution now that it was just more fun and games. people like myself -- we were line correspondents and we were the people you dropped in anywhere in the world and said, "get a story." that's what we did for a living we didn't read for a living. we didn't vent the news or act the news for a living or talk to other people on the set and interact. we went out and got stories. we wrote stories and we reported them, so we did something different for a living, i feel. c-span: let me ask you a question. i'll ask you and see if you have the answer. today, if there was a vietnam war and you were a correspondent over there or there was any correspondent over there, what would the salary be? >> guest: for a line correspondent?
, photos and things they like. >>> a lot of people like dan brown. and now, the author of "the da vinci code" and "angels and demons" has fans, book stores and hollywood buzzing. his new book is called "inferno" will be out in may. there's plenty of money to be made on brown's books. they've sold more than 200 million copies. movie adaptations starring tom hanks has grossed more than $1.2 billion. >> can't wait for that to come out. >> should be good. >>> when we come back, a big, new question about lance armstrong's future, now that we know he was pedaling lies. >>> and then, field of dogs. the soccer match that got some four-legged interference. [ stefan ] with a cold or flu, nighttime nasal congestion can be the worst part. my medicine alone doesn't always give me all the congestion relief i need to sleep. [ female announcer ] adding breathe right nasal strips can make all the difference. it's proven to instantly relieve cold or flu nasal congestion. [ stefan ] and because it's drug free, it's safe to use with any medicine to relieve my nighttime stuffy nose. so i can breathe better
after smoke was detected in the cabin. we're trying to figure out what happened there. dan springer with the story from seattle. how bad is this now from boeing? because we have seen repeated incidents now with the 787, dan. >> reporter: bill, this has got to worry boeing officials out in seattle. looks like yet another electrical problem aboard the 787. financially this has to be a blow to boeing and the dreamliner's reputation. it happened in wednesday morning in japan on all nippon airways. the pilot started smelling smoke in the cockpit. the pilot made emergency landing there were minor injuries as passengers evacuated the plane down the emergency chute. officials at the airport where the plane landed said there was no fire, which is important but they confirmed smelling smoke. japan airlines grounded all 24 of their 787 dreamliners in service. united airlines is the only american carrier to fly the 787. there is no word what they will do at this point. but this appears to be another battery issue but not the same one that happened last week at boston's logan airport. that was t
temperatures are rising in the accu-weather forecast. >> good evening, i'm dan ashry. >> and the search is on tonight for a man who tried to kidnap a toddler. >> new here on abc 7 news at 5:00 we spoke with the child's mother. it happened in east san jose. a man walked up to the mother and try td take her bill lirl. -- little girl what. mother has to say about this attempted kidnapping. >> the mom just left the police department headquarters here about an hour ago. she was here all afternoon working with a sketch artist this, is what they came up w the mother says this is the face of the man who walked up to her east san jose front yard yet evening, chatted just a moment then tried to take her 3-year-old daughter. the mom man wrathed to get her back, and he is a stranger and ran away down the street. this little girl's mother called what happened crazy. >> my daughters and i were playing out side. the guy was walking by and he started to talk about my, how pretty my daughters were and nationality and all that. and he knelt down to talk to my 3-year-old and just picked her up by her ankl
was forced to make a emergency landing today. dan springer is in seattle with the details on what happened. none of these planes have crashed, no serious injuries but still a big problem for boeing, huh? >> reporter: that's right. for more perspective, jon, worldwide there are six 787s flying. four of them left to the u.s. or coming to the u.s.. this is not a worldwide panic. this latest incident happened in western japan during a flight on all nippon airways. a warning light came on. a the pilot smelled smoke. it caused a landing early landing but they confirmed there was no fire but a smoke coming from a lithium-ion battery that sits behind the cockpit. looks like another electrical problem for the 787 but not the same battery that caught fire after landing in boston. the passengers and crew all evacuated down the chute. a couple of minor injuries were reported. the chairman of ana apologized to his customers. he ordered all 17 dreamliners to being taken out of service for a safety inspection. japan airlines followed suit with its seven dreamliners. jon. jon: are these incidents part of
. it's a very serious matter when americans are taken hostage along with others. >> dan rueters is live in london. what do we know about the group taking responsibility? >> reporter: well, that had are sort of a splinter group, an affiliate of al qaeda in the islamic magnificent rred. led by mokhtar belmokhtar. he fought in the '80s against the soviets. he has been involved in people trafficking, drugs, and he has done a lot of kidnapping as well. most motivated by ransom and money. this may end up getting resolved. a notorious character, and described by french intelligence as mr. untouchable. known locally for being involved in cigarette smuggling. this is part of a wider, regional conflict, links to mali, that these islam iist groups in algeria are getting in on. furious that algeria has allowed french planes to fliory algerian air space to attack insurients, islamists in northern mali. >> what about plans or missions to get hostages out? >> well, we know from the ministry of information in algeria, that they are surrounded. the terrorists, and that a large number of security forces
market? we're joined by dan green. did. >> good morning. >> more weej kwan cruise lines, $19 a share. how significant is this or perhaps this week in general given the number of ipos that we're seeing, is this going to be a better year that we're seeing inspect. >> i think it probably is, given the broader markets don't collapse. norwegian lines in particular, they thought about 50% of the company at a valuation of about $2 billion. this ipo puts it at 3.8 billion. but for private equity firms, it's a valuation saying, you know what? there is a public -- that can give us a return. >> you know, that said, they did buy the company in 2008 so you hope there would be a bit of a rebound. what about the likes of the company in the years? >> i think that's one of the big questions here. if you look at i think the 25 largest buyouts, all of which you know is pre-lehman collapse, 1406 them are still in private equity hands. very few have gone public. a couple have been sold off. you have some really big companies here. and you think clear channel, you think first data. companies like that, some ar
.5%. dan springer in seattle for latest developments in this saga. >> the stock was down from the beginning of the day but that's really stabilized and has been a measured response nationwide among investors and among the airlines. in fact, there are several 787th in the air right now. not all of them have grounded their flights, but the latest in western japan. a warning light came on and then there was smoke in the cockpit. passengers could smell it in the cabin, prompting an emergency landing which went smoothly. there were no injuries but it appears to be yet another electrical problem, perhaps lithium-ion battery that sits just below and behind the cockpit. it was the first airline to buy the 787 and fly them. afterward the chairman apologized to customers and grounded all 17 of their dreamliners for further inspections. japan airlines followed with their seven planes. united airlines have been a safety check on all six of their dreamliners and they are all in service at this hour. several in the air right now. following a battery fire on a 787 parked at boston logan airport last week.
for now. dan springer live in seattle where teams assem being the 787. the fa amp wants proof that batteries are safe before they can fly again is that what we can report? >> that is right, bill. the f.a.a. issued what they call an emergency air worthiness directive to potential fire risk in the 787 and grounding the u.s. airliner fleet grounded six planes all owned by united airline. this is a big change for the f.a.a. just last friday officials said the 787s were completely safe. even as they announced a comprehensive review of the plane's electrical system. even though analysts tell me they don't think the issue in japan today was all that serious in terms of the threat to the aircraft coming down. the feds have seen enough to jump in. all the recent problems the way the plane is powered. the lithium ion batteries are used to provide backup electricity. this directive will mean that united will be scrambling to move flights around -- planes around and flights getting cancelled. >> bill: how big of a problem is this for boeing. >> they may be getting close to a tipping point
grounded the 787. dan springer is live in seattle near where teams assemble the aircraft. what is boeing saying about this? >> as you expect they're in crisis mode. the 787 is very important to the company's future. this is a showcase plane. a whole new design based on better fuel efficiency, more comfort. the planes have been flying for more than a year. around a million passengers, and the results have been good. they use 20% less fuel, thanks to the use of composites and a revolutionary electrical system that was lighter and produced twice the power of standard plain planes. the company's ceo says we are confident it is safe and we stan behindded integrity. we'll take every step to assure our customers and the traveling public of the 787 safety and return the airplane to service. it's hard to predict exactly how long this will take to get the planes back up in the air, but analysts are saying it could last months, greg. >> has to be causing a whole lot of headaches not only for the airlines but their passengers as well? >> you got it. the airlines have sunk billions of dollars into th
violence. cnn white house correspondent dan lothian join us live now. dan. >> and the vice president ao met with the president today. they went other some proposals. the president saying that later in the week, he'll be outlining some specifics about watt administration needs to do. there will be no doubt, some resistance to what the president will be offering. but the president says that he is not worried about the politics. president obama says he's already reviewing the vice president's recommendations aimed at tackling gun violence. while some may require congressional approval. >> how we are gathering data, for example, on guns that fall into the hands of criminals. and how we track that more effectively. there may be some steps that we can take administratively as opposed to through legislation. >> reporter: strong resistance to executive orders from some gun right advocates who fear their second amendment rights might be put at risk. vice president biden, meeting with everyone from gun rights groups to the entertainment industry, sat down with house democrats on a task force put toge
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of entrapment. dan springer is live at the courthouse in portland with more on all of this. hi, dan. >> reporter: yeah, hi, jenna. since 9/11 the f.b.i. has conducted well over one hundred of these terrorism-related sting operations. in almost ever case the defense claims entrapment. that defense has not worked a single time yet. hraoelg experts say because the bar is so high. in this case the evidence against mohammed mohammed appears very strong. his father contacted the tprao*eub worried mohammed was becoming rad dhaka hraoeuzed. he had written about jihad and becoming a mart you are. but the defense argues he was young, impressionable and during the elaborate f.b.i. sting operation groomed to be a would be killer. it's a risky defense. >> they need to so something else entirely, andt their client was not the least bit predisposed to want to do that at all, and proving that is actually very difficult under these kind of circumstances. >> reporter: the defense admits mohammed hit numbers on a cellphone thinking it would detonate a massive bomb in a van right in the middle of a holiday tree lig
in this plane. dan springer is live in seattle. what is the immediate impact of all this, dan? >> reporter: martha, officially it is a crisis for boeing. canceled flights, upset passengers all across the world. within hours of the faa directive to ground all 787s, other countries followed suit. airlines are scrambling to get other aircraft to fill in for the dreamliners. in most case that is not possible. in san jose, two flights to tokyo have been canceled. two are in jeopardy. this nonstop route was opened friday to a lot of fanfare. the faa is grounding the 787 because of quote, a potential battery fire risk. it was triggered by an emergency landing of a 787 in japan due to apparent overheatings of a battery, second time in eight years. business leaders who worked for years getting new flights to asia. they don't fault the airlines. they're upset with boeing. >> this is a company that put passengers ahead of profits and made a wise decision to make sure that boeing works out these kinks before they put another plane up in the air. >> reporter: and 49 dreamliners were in service. united
february 16th of last year. joining us on the newsline, dan is here. you've got a price target of $900 a share. which is almost double from where we are now. doesn't that price target seem a little tone deaf to what's going on with the stock? dan? >> yeah. absolutely. price targets in my opinion are talking points for what you think the value of the stock is, what the opportunity for the stock is. so yeah, to use the point, $900 valuation, you know, clearly that's not the direction other analysts are going right now. not the direction this market wants to go right now. but that's the direction this company's earnings are pointing to. all the hype happening in the last few weeks on apple is centered around the supply chain. none of it is demand. every demand that we see for apple products is very strong. there are areas of weakness in europe, smartphone penetration in the u.s. the market overall in the u.s. is -- not all the points are positive, but generally it's good. >> if you're saying demand is good, but the orders of components for the product for which demand is strong are down,
their second amendment rights are under attack. dan lothian following all of those developments for us this morning. good morning. >> good morning, soledad. the white house sees this package that the president will be rolling out, as a comprehensive way to try to curb gun violence, the president will be doing something we've seen in the past. when he is trying to get something through congress, he involves the public. when he makes the announcement later on this morning, he will be surrounded by young kids. these are kids who wrote intimate letters to the president after the connecticut shootings. that in itself is also under attack. getting criticism that the president is using kids as props as he pushes this policy. that, though, will be the back drop as the president lays out what sources say will be the comprehensive package, focused on an assault weapons ban and pressing for a ban on high-capacity magazines and this is the new part, with more than 10 rounds. this should impact gunmen who won't be able to fire off as many rounds as quickly as we've seen in some of the shootings. un
and exchange commissioner dan gallagher here as our keynote speaker. >> thank you, david, for that kind intro. it was just 14 months ago i starred, 14 months ago since i gave my first speech in this building. it seems like yesterday. but i think that speech shows how important it is for s.e.c. commissioners to get out and about. i'm pleased to be here this afternoon addressing such strong supporter of -- supporters of american global leadership in capital formation, which is one of the foremost goals at the commission. and before i can't, as you all know, i must tell you my rashes today are my own and do not necessarily represent the views of the commission or fellow commissioners. and you're about to find out why. as i'm hour you're aware, next monday the nation will observe the inauguration and martin luther king jr.'s birthday. monday also mashes the two and a half year an versely of the enactment of the dodd-frank act. to commemorate the occasion i'd like to take a few moments to talk about the act, specifically the misallocation of resources and opportunity costs that have arisen from th
possibly up to 32 hostages unaccounted for. >> all right, dan, please keep us informed if you find out any additional information, any updates there. and of course another big story that we're covering, this the story everybody is talking about today, lance armstrong telling everybody about his doping. >> was it a big deal to you? did it feel wrong? >> at the time? no. >> it did not even feel wrong? >> scary. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. fiber one. uh, forgot jack's cereal. [
sw retail advisers. >> thanks, dan. >> yes, good to see you. >> still an, but trade ahead on the program, we'll head out to troy for a sneak peek at automobiles. >> and as we has to break, the dow is looking to continue its rally. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> welcome back to "worldwide exchange." i'm kelly evans. >> and i'm ross westgate. here are your headlines from around the globe. >> u.s. investors look for an encore after the s&p 500 reaches a fresh five-year high as the shanghai composite is up over 3% and foreign investments restrictions will be relaxed. >>> swatch group bought harry winston for $750 million. but u.p.s. walks away from a 5 billion euro deal from tnt. >> and generali unveiled a new major overhaul vowing to boost operating profits by 25%. not too much movement on futures since the last time we checked in
potentially, dan akerson of gm said don't screw up the economy holding it hose -- hose hostage, do you share that? >> uncertainty has to be removed as quickly as possible. it is not a good environment for consumer confidence to be built, so we're looking for resolution on debt ceiling, resolution on spending plans so that consumers can focus on really going about their business in a normal way. >> wants to build cars, not make policy. there you go. it's a good one. i owned ford explorers for 20 straight years. this is a real competitor to that vehicle. dennis: jeff flock, good job. thanks, den. cheryl: time for the west coast minute, a double digit return for the public employees pension system. it had a 2% return back in 2012. the nation's largest pension has investments worth $252 billion, almost back to its peak level of 2007 when the fund held $260 billion in assets. the fund's performance was just below its tracking benchmark. arizona governor, january brewer, -- jan brewer, made a push for medicaid extending health care coverage to tens of thousands. her plan seeks $7.9 billion in fede
42 dreamliners this weekend plans to buy up to 75. back to you guys. dennis: thank you, dan springer. a quarter until. nicole is live at the new york stock exchange with a look at apple. nicole: i want to take a look at apple and a lot of things. apple has been a key factor today moving back above the 500 mark. i also want to take a look at facebook and yelp as well. we got our news yesterday that we have been waiting on for about one week with all that anticipation and we saw facebook selloff on the news today down one and a quarter percent on their new graph search allowing users to sort through everything from people and places and similar lakes, local restaurants and that weighs on a name like p. 11. take a look at what yelp is doing at this moment. when we look at a one-year chart, down four and .5% right now, it is down over 11% in just these three trading days. it does not hold well for a company like yelp. that is the latest. back to you. cheryl: we will see you at the top of the hour. our next guest says after months of waiting and writing up a storm in washington, they're p
on lance's team. i don't buy for a minute if you read tyler hamilton and dan quayle's book "the secret race," maybe at that level, where -- the level meaning tyler was a mountain climber and in 1999 and 2000 it was three guys who were on this sophisticated doping program, but even frankie and i who saw the usada report and read that book, it was new to us. it was completely new to us. 2000 was the turning point. 2001 on if you wanted to be on lance armstrong's winning tour team, then i would say, yeah, you had to do what it takes. >> he was the co-owner. >> he was the co-owner of the team, he made the decision who was fired -- who was fired and how much they got paid. for him to say he wasn't, when i say he was cherry picking, last night he was truthful with some things, and with other things he just wasn't truthful. >> but, betsy, basically lance armstrong was setting conditions such that the only way you could compete successfully was to dope. >> the only way to win. the only way to win was to dope. you could compete, but lance didn't want you did -- you wouldn't win. >> right. >> if you
are injured. this is according to captain dan sutter with the st. louis fire department. says that there are two adult males. they are in critical condition but he wouldn't say if one of the victims was the shooter, wouldn't talk details with either of those injuries and that's what we have so far. thanks so much for being with me. joe johns in the situation room today. hey, joe. >> hey, brooke. >>> happening now, president obama decides to go big on gun reform acting on his own and asking congress for reform that will be hard to pass. we'll hear part of oprah winfrey's reaction to lance armstrong's confession. plus, an exclusive look inside a lab that could save your life. see how close we are to a super vaccine to keep you from getting the flu for years. wolf blitzer's off today. i'm joe johns. you're in "the situation room." we begin now with a guessing game about what is in president obama's so called comprehensive proposals to cut down on gun violence. the president and vice president are set to unveil their plans tomorrow and even though officials are trying to keep the
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